Vodafone Idea pays another Rs 1\,000 crore to govt towards AGR dues

Vodafone Idea pays another Rs 1,000 crore to govt towards AGR dues

The company had earlier deposited Rs 6,854 crore in three tranches

Topics
Vodafone Idea | Adjusted gross revenue | Supreme Court

Press Trust of India  |  New Delhi 

vodafone, idea
In the last hearing on the AGR matter, the Supreme Court had said that private telecom companies including Vodafone Idea must come out with a reasonable payment plan and make some payment to "show their bonafide".

on Saturday said it has paid another Rs 1,000 crore to the government towards the statutory dues, taking its total payment to an aggregate Rs 7,854 crore.

"In line with the above, the company has yesterday (July 17, 2020) paid a further sum of Rs 1,000 crore to the DoT (Department of Telecom) towards the AGR dues. The company had earlier deposited Rs 6,854 crore in 3 tranches," the filing said.

With this, the company has paid an aggregate amount of Rs 7,854 crore towards the (AGR) dues, it added.

In the last hearing on the AGR matter, the had said that private telecom including must come out with a reasonable payment plan and make some payment to "show their bonafide".

Vodafone Idea was facing a staggering Rs 58,000 crore demand in overall statutory dues, after the apex court last year ordered the non-telecom revenues to be included in calculating statutory liabilities.

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First Published: Sat, July 18 2020. 17:48 IST